Sensex plunged 188 points to below 35,000, below Nifty 10,620
Continuous withdrawal of foreign funds, weak quarterly results of companies and weak rupee affected the sentiment of the market.
New Delhi: The Bombay Stock Exchange benchmark Sensex today dropped by 188 points to end at 34,915.38. This is a low level of one week. The Sensex fell for the second consecutive day on selling in auto, healthcare services, metal and FMCG companies.
Due to the drop in the I market,
the continuous withdrawal of foreign funds, the weak quarterly results of the companies and the weak rupee have affected the sentiment of the market. Global indicators were also of weakness. Investors' eyes are on the results of US-China negotiations and US employment figures.
the continuous withdrawal of foreign funds, the weak quarterly results of the companies and the weak rupee have affected the sentiment of the market. Global indicators were also of weakness. Investors' eyes are on the results of US-China negotiations and US employment figures.
The 30-share Sensex of the open-market Bombay Stock Exchange rose strong to 35,144.96, and up 35,206.55 points. However, after the profit booking, the Sensex came down to the lowest level of 34,847.61 points. In the previous session, the Sensex was 73.28 points broken.
The way the market moves
, the Sensex finally closed at 34,915.38 with a loss of 187.76 points or 0.53 per cent. This is its lower level after 26th April. On that day the Sensex closed at 34,713.60. The National Stock Exchange's Nifty fell by 61.40 points or 0.57 per cent to 10,618.25. During the business, it remained within the range of 10,700.45 to 10,601.60.
, the Sensex finally closed at 34,915.38 with a loss of 187.76 points or 0.53 per cent. This is its lower level after 26th April. On that day the Sensex closed at 34,713.60. The National Stock Exchange's Nifty fell by 61.40 points or 0.57 per cent to 10,618.25. During the business, it remained within the range of 10,700.45 to 10,601.60.
On a weekly basis, the
Sensex on a weekly basis was in loss for the first time in six weeks. On a weekly basis, the Sensex lost 54.32 points or 0.16 percent. Nifty was at 74.05 points or 0.69 percent on weekly basis.
Sensex on a weekly basis was in loss for the first time in six weeks. On a weekly basis, the Sensex lost 54.32 points or 0.16 percent. Nifty was at 74.05 points or 0.69 percent on weekly basis.
Foreign Portfolio Investors
Meanwhile, according to the provisional figures of the stock exchanges, foreign portfolio investors sold pure shares of Rs 148.42 crore yesterday. At the same time domestic institutional investors sold Rs 578.92 crore.
Meanwhile, according to the provisional figures of the stock exchanges, foreign portfolio investors sold pure shares of Rs 148.42 crore yesterday. At the same time domestic institutional investors sold Rs 578.92 crore.
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